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How much amount should be paid for retained players in IPL?

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Each player has to sign a contract with BCCI.

The IPL has two type of contracts – under first, called the firm agreement, the player will get a fixed sum from BCCI and the difference between the bid amount and the fixed fee will be earned by BCCI,

On the other hand the second, called the basic agreement, gives a player freedom to take home the amount he has been bid for. The average amount of money each player will take home is whopping Rs 80 lakhs.

IPL also makes it mandatory for a franchise to spend at least $3.3 million annually for player fees and give $100 as per day per player daily allowance.

International players will be immediately released to attend their international matches if they clash with IPL whereas for domestic boards, which rely heavily on the players, will have to give way to IPL as players need to decide where they want to play, and a player who gets Rs 80 lakhs for 45 days will not leave IPL anyhow.

Bengaluru, Jan 4: Delhi Daredevils will have the maximum amount (Rs 37.15 crore) to buy cricketers at this year's IPL 2016 Players Auction in Bengaluru on February 6.

Full list of players retained; Salaries of Kohli, Dhoni revealed

Delhi released the league's costliest player - Yuvraj Singh and retained 14 in the squad for the new season. Yuvraj was bought last year for a record sum of Rs 16 crore.

With the deadline for players' retention ending on December 31, 2015 at 5 PM IST, all 8 franchises have announced their squads. (Who all were released by teams?)

Mumbai Indians retained the highest number of players - 19. They spent Rs 51.595 crore for them, the most by any team. For the auction, Mumbai have the least amount among the 8 franchises (Rs 14.405 crore). (351 players for auction in 2016)

Now, it is over the auction table in Bengaluru next month to finalise the squads. IPL 2016 will be played from April 9 to May 29.

The most watched cricket league in the world, IPL or Indian Premier League’s popularity has increased immensely after its introduction in 2007 by the former BCCI chairman Lalit Modi. Moreover, as of now the IPL is the most viewed cricket league in the world and ranks sixth among all sports leagues. Although IPL is not just a Sports League in India its a lot more than that. Not only it contributes by entertaining the viewers across the country but also massively contributes to India’s GDP as well. The players play in the IPL earns heavy amount so lets’see who are the highest paid and most expensive players in IPL.

There are total 11 Indian players and 9 foreign players include in the list of top 20 highest paid IPL players. The West Indies, Keiron Pollard who plays for the Mumbai Indians is the top earner among all international players and get an annual salary of INR 9.7 crore followed by RCB’s AB de Villiers who got the annual salary of INR 9.5...

Yes, we know IPL involves big money. Yes, we know that Kolkata Knight Riders as a team has one of the strongest brand values in the IPL. Yes, we know that Virat Kohli is the highest paid cricketer in IPL 2016. But do we know how the IPL economics actually works?

A lot of thought process goes into the kind of investment and money flow we see in one of the most talked about tournaments in the world. The team owners are smart enough to know the pitfalls and have become wiser with every passing year.

Also Read: IPL 2016 Team and Players Lists, Key Players to watch out from each team

Here we try to decode the IPL economics and see how the teams actually make profits and where do the teams really spend their money. We also look at how the players are paid in the IPL.

How do the IPL teams make money?

Major source of income comes from the official sponsors of the IPL. For eg. Vivo is the title sponsor for IPL 9, 2016 along with other sponsors like Yes...

We have seen that the Indian Premier League was the most successful matches and once again in 2014, we are going to see an another IPL which will be a marvelous one. This IPL will be seventh one and last in the IPL Mumbai Indians were the champions defeating Chennai Super Kings in the final match. This time there will be eight teams and Pune warriors India has withdrawn from the IPL. This time also the Mumbai Indians team is maintained by the Reliance group

This time Lok Sabha Elections are emerging and due to the security issues, the IPL will be hosted outside the India. After announcing the dates of elections, the decisions will be made. The auction of the players will be made on 13th February and this time the auction will be made in Indian Rupee other than U.S dollars and the auction will be in Bangalore. Last year the 2013 IPL title was taken by the Mumbai Indians Team

Auction for Players

IPL franchises will be allowed to retain up to five players ahead of the 2014 auction, and have the option of buying back additional members of their squads at the auction via “right to match” cards, according to the rules released on Tuesday. The auction will be on February 12, and carried into February 13 if required, at a venue yet to be decided.

How many players can be retained in IPL 2014 ?

IPL franchises allowed to retain up to five players. This means Chennai Super Kings will definitely retain MS Dhoni, R Ashwin, but need to spend money for it. Do check the below section for the amount they have to spend. This will be tricky for the IPL Franchises.

The right to match essentially gives a franchise the first right of refusal to its players, allowing it to buy its player back after other franchises have completed the bidding process for him. For example, if Mumbai Indians have already retained five players but want Player X, they merely have to wait...

A List of 10 Highest Paid IPL Players in 2016 Edition. Players who will get maximum salary in IPL 2016, Eighth Edition of lucrative and most popular T20 League in the world. 10 Most Expensive Buy in IPL auction or retained by respective franchise by paying them More than 6 Crore Rs. Here is the list of Highest Paid IPL Players.

10 Most Expensive Players In IPL Auction 2016

List Of Players Sold In IPL Auction 2016

Top 10 Highest Paid IPL Players 2016

1. Virat Kohli – 15 Crore Rs

RCB Captain is highest paid IPL Player with salary of 15 Crore rs. RCB Retained him for 12.5 Crore rs but actually pays 2.5 Crore more than that

2. MS Dhoni – 12.5 Crore Rs.

Recently bought by Rising Giant Pune from Players Draft. He will get paid 12.5 Crore Rs.

3. Shikhar Dhawan – 12.5 Crore Rs.

Retained for 12.5 Crore Rs by Sun Risers Hyderabad and is getting same amount of money making him one of the highest paid IPL Players for 2016...

World’s richest domestic cricket league – Indian Premier League, is knocking on the cricketing calender. Come February 4, the auctioning for the tenth edition will begin in Bengaluru around 9 AM (IST). This auctioning will be the final time under the existing 10-year contract. Prior to this year’s auctions, 140 cricketers, including 44 overseas cricketers were retained by their respective 8 IPL franchises. The window for retention of players closed on December 15 and 7 teams except KKR (Kolkata Knight Riders) have retained more than 20 players. Here, we are taking a look at all the teams who have retained their respective players and the money left for the auctions.

Royal Challengers Bengaluru (RCB)The previous year’s runners-up have retained 28 players which is the highest among all the teams. Some of the key retained players are captain Virat Kohli, AB de Villiers, Chris Gayle, Shane Watson, Mitchell Starc, KL Rahul and Samuel Badree. RCB have Rs 12.85cr left in...

With the IPL 2017 Player Auction just four days away, all the franchises would have already identified their preferred picks, with most of that based on how much money is available to them.

Also read: Marcus Stoinis key for KXIP

Having a strong purse is essential to buy the superstar, and potential superstar, players in the IPL auction, and going into the 2017 version, there are a few teams with plenty of money to burn and a few who will need to be prudent with their bidding.

With several big names set to put their names up for auction, including Ben Stokes, Kevin Pietersen, Corey Anderson, Martin Guptill, Imran Tahir and Trent Boult, those paddles should be raised quite often with plenty of money being spent in the process.

The key for the franchises will be not to get too carried away. While there are a few special players in the auction pool, it will be essential for the team to make sure they stay within their budgets and don't overspend on one...

NEW DELHI: India Test skipper Virat Kohli was among the few cricketers who received a higher actual salary according to the salary details of the retained IPL players listed by BCCI on Friday.

Kohli's actual salary in Royal Challengers Bangalore was listed as Rs 15 crore while the purse deduction amount was Rs 12.50 crore in the list put up by BCCI on its website, just days ahead of the Lodha Committee's reform report on January 4.

India's limited over skipper Mahendra Singh Dhoni, who was bought by Pune recently, however, had the same actual salary and purse deduction of Rs 12.50 crore while playing for Chennai Super Kings.

Among other Indians, Harbhajan Singh (Rs 5.50 crore vs 8 crore) and Ambati Rayudu (Rs 4 vs Rs 6 crore) were the top gainers according to the list put up by BCCI as a part of its recent attempts to ensure transparency.

Virat Kohli is the highest-paid cricketer in the IPL, according to salary figures released by the league on Friday.

While Kohli will cost his franchise Royal Challengers Bangalore Rs 12.5 crore (approximately USD 1.89 million) from their salary purse, they will actually pay him Rs 15 crore (USD 2.26 million). MS Dhoni, for long believed to be the most expensive IPL cricketer, will be paid USD 1.89 million, which is equal to his purse deduction, by the Pune franchise. Pune secured Dhoni in a draft of players who were part of the suspended Chennai Super Kings and Rajasthan Royals franchises.

Apart from Royal Challengers, who are paying Kohli and Chris Gayle more than the purse deduction, Mumbai Indians are paying Harbhajan Singh, Lasith Malinga and Ambati Rayudu more than the purse deduction they result in.

However, contrary to the general perception that quite a few players used to get paid much more than the official purse deduction, quite a few have...

Virat Kohli is the highest-paid cricketer in the IPL, according to salary figures released by the league on Friday.While Kohli will cost his franchise Royal Challengers Bangalore Rs 12.5 crore (approximately USD 1.89 million) from their salary purse, they will actually pay him Rs 15 crore (USD 2.26 million). MS Dhoni, for long believed to be the most expensive IPL cricketer, will be paid USD 1.89 million, which is equal to his purse deduction, by the Pune franchise. Pune secured Dhoni in adraft of players who were part of the suspended Chennai Super Kings and Rajasthan Royals franchises.Apart from Royal Challengers, who are paying Kohli and Chris Gayle more than the purse...

Between the 3 years, you can retain to any amount of players you want and according to that your auction purse will be filled...

At the end of the 3 year tenure, franchises are allowed to retain maximum of 5 players and exercise 1-3 Right to Match cards..The players retained will not be more than 4 Indians and 2 overseas players..which continues to RTM also..Suppose you retain 3 Indians and 2 overseas players, you are allowed to use the RTM on a Indian player and in the case you retain 4 Indians and 1 overseas player you can use the RTM card on an overseas player..

If you retain 4 players...again you are given only 1 RTM card but you may use it in any player...

If you retain 2/3 players...you get 2 RTM cards and you retain 0/1 player(s)... you get 3 RTM cards..

Virat Kohli and not MS Dhoni is the highest paid cricketer in the Indian Premier League (IPL), according to figures released by the Indian cricket board pertaining to players who have been retained by their respective teams. Kohli is among the players who are getting more than the amount his team was deducted from their purse for the upcoming IPL auction.

In the case of the Indian Test skipper, Royal Challengers Bangalore purse was lighter by Rs 12.5 crores, but according to ‘actual salary details of retained players’ published on the BCCI website, the team is paying Kohli Rs 15 crore. Dhoni, who was picked up by the Sanjeev Goenka owned Pune team during the player draft will get Rs 12.5 crore.

Mumbai Indians’ Harbhajan Singh and Ambati Rayudu are two other players who are getting more than what their teams were docked from the purse.

Bengaluru, Jan 4: The 6 Indian Premier League (IPL) teams have announced their squads ahead of next month's players auction. (Full list of squads after auction)

Full list of players released; List of players sold at auction

With the window for the franchises to retain players ending on December 31, 2015 at 5 PM IST, the final squads before the auction are revealed. 101 cricketers including 37 overseas players, were retained.

Yuvraj Singh, the highest paid player in IPL at Rs 16 crore last year, was not retained by Delhi Daredevils for the new season. (Salary details of Kohli, Dhoni revealed)

Mumbai Indians, the reigning champions, retained highest number of players - 19. IPL 2016 will be held from April 9 to May 29.

Here is the full list of players retained by the 6 franchises ahead of IPL 2016

Note: 2 new teams - Pune and Rajkot (replaced Chennai Super Kings and Rajasthan Royals) have so far picked 5 players each at the IPL Draft and will...

Virat Kohli, dubbed as a 'genius with the bat' by former greats of cricket, is the man in form. Who else do you think could have topped the list of highest paid IPL player this year?

The World T20 player of the tournament is the highest paid cricketer in the Indian Premier League (IPL), according to figures released by the Indian cricket board pertaining to players who have been retained by their respective teams. Kohli is among the players who are getting more than the amount his team was deducted from their purse for the upcoming IPL auction.

While Kohli will cost his franchise Royal Challengers Bangalore approx. $1.89 million from their salary purse, they will actually pay him $2.26 million.

MS Dhoni, for long believed to be the most expensive IPL cricketer, will be paid $1.89 million.

Pune secured Dhoni in a draft of players who were part of the suspended Chennai Super Kings and Rajasthan Royals franchises.

Check out the 'player regulations' for the 2014 edition of the Indian Premier League

The Indian Premier League franchises have been given the option of retaining five players, while the salary cap for the entire squad has been fixed at Rs 60 crore for the 2014 season, the IPL governing council announced on Tuesday.

The 2014 auction will be held on February 12, with the option of extending it to the next day, if necessary. The venue for the same is yet to be decided upon.

The IPL Governing Council finalised the player regulations for the 2014 edition of the tournament after a series of meetings with franchise owners at a two-day workshop with the team owners in Singapore last month.

Among the areas deliberated upon were players' contracts, squad composition and retention of players for the upcoming season.

Players will have a one-year term with the franchise, with the option of extending it for one or two additional years. The option has to be...

Indian test captain Virat Kohli remain the highest paid player in Indian Premier League after he was retained by Royal Challengers Bangalore for the upcoming 2017 IPL Season. He was one of the few retained cricketers who gained in their salary. Kohli’s disclosed salary is Rs 15 crore ($2.26 million) making him the highest paid player in IPL.

Virat Kohli becomes highest paid player in IPL with his new Rs 15 crore ($2.26 million) a year salary with Royal Challengers Bangalore.

Virat Kohli’s new contract with Royal Challengers Bangalore has helped him eclipse Mahinder Singh Dhoni as the highest paid cricket in the world. Dhoni held the top spot in terms of highest yearly income for best part of last 9 years largely becuase his highly lucrative domestic endorsement deals. Below is the list of top 10 highest paid cricketers around the world.

Cricket just like other major sports is evolving big time, with the introduction of Twenty20 format not only the...